HERBERT STEPHEN SCHERER

HERBERT STEPHEN SCHERER is currently employed as a Broker and/or Investment Adviser at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED located at 7825 FAY AVE, LA JOLLA, CA, 92037.

HERBERT STEPHEN SCHERER has worked at MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED since June 05, 2009

Disclosure History

HERBERT STEPHEN SCHERER has 1 Disclosure Event(s).

Date: December 29, 2009
Category: Customer Dispute
Allegations: CLIENT ALLEGED THAT SHE WAS MISLED WITH RESPECT TO HOW MUCH SHE WOULD BE PAYING IN MANAGED ACCOUNT FEES. 2007- 2008
Damage Amount Requested: $15,000.00
Broker Comment: CLAIM DENIED.

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All individuals registered to sell securities or provide investment advice are required to disclose customer complaints and arbitrations, regulatory actions, employment terminations, bankruptcy filings and criminal or civil judicial proceedings.

A disclosure includes information about customer disputes, disciplinary events and financial matters on the broker's record as reported by securities regulators, the individual broker, and any involved firms. Some of these items may involve pending actions or allegations that have not been resolved or proven. The presence of a disclosure does not automatically indicate any wrongdoing.

BrokerCheck is the source of the data included in this Report. The data was compiled on June 29, 2018.

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